Skanska signs major lease at 121 Seaport in Boston, USA

Thu, Sep 07, 2017 16:30 CET

Skanska has signed a lease with PTC for about 250,000 square feet, 23,125 square meters, at its 121 Seaport office development in Boston, USA. The lease agreement is for 18.5 years and occupancy will take place in early 2019, when PTC moves its global headquarters to 121 Seaport. With this first lease, the building is 63 percent leased.

PTC, listed on NASDAQ, is a global provider of technology that transforms how companies design, manufacture, operate and service the “things” in the Internet of Things (IoT).

Located in Boston’s Innovation District, 121 Seaport is a 17-story, 400,000-square-foot, 37,000-square-meter, Class-A office building, targeting LEED Platinum certification. The building is on target for completion in the first quarter of 2018.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 41,000 employees. Skanska's sales in 2016 totaled SEK 151 billion.

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Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.